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on existing zoning designations in the Carrboro <br /> portion of University Lake watershed. 1140 020 0 <br /> dwelling units could be constructed. Assuming a <br /> density allowance of five (5) units per acre <br /> north of Carrboro. 228 acres would be required <br /> to provide for the construction of an equivalent <br /> number of units. <br /> IMPACT: Approval of an exchange would place all of <br /> University Lake watershed under Orange County' s <br /> jurisdiction except those portions within <br /> Carrboro' s corporate limits. One obvious <br /> benefit would be uniformity of regulations <br /> within the watershed. Property owners would not <br /> confronted with different and sometimes <br /> conflicting requirements and pu--1cies. <br /> A disadvantage would be the loss of <br /> representation before the Board of Commissioners <br /> by those county residents north of Carrboro. <br /> Offsetting this loss would be the gain by those <br /> residents living in the University Lake portion <br /> of Carrboro' s jurisdiction. <br /> RECOMMENDATION: Refer to Orange County Planning Board and <br /> Towns of Chapel Hill and Carrboro for <br /> recommendation. <br /> • <br />